Samsung chief in second grilling over corruption claims

Posted - February 14 201700:44

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Samsung chief in second grilling over corruption claims

Lee, the de facto head of the Samsung Group and vice chairman of Samsung Electronics Co, will be summoned Monday morning, along with two other executives including Samsung Electronics President Park Sang-jin, Lee Kyu-chul, a spokesman for the prosecutor's office, told reporters on Sunday. A special counsel is investigating the country's biggest political corruption scandal involving South Korea's president.

The bribery accusations stem from an investigation that led prosecutors to claim Samsung spent over $36 million in 2015 to sway government sentiment surrounding a merger of Samsung affiliates Samsung C&T and Cheil Industries.

The 48-year-old is effectively in control of the conglomerate because his father, Samsung's ailing Chairman Lee Kun-hee, suffered a heart attack in 2014.

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President Park Geun-hye was impeached in December on a series of charges, including pressuring business leaders to pay large sums in return for favors.

The funding included sponsorship for the equestrian career of Choi's daughter, who is under arrest in Denmark, after being sought by South Korean authorities.

South Korea's Constitutional Court is hearing arguments in its case to decide whether to uphold parliament's impeachment of Park, who has been stripped of her powers pending the verdict.

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